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Feb 6, 2013
02/13
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. >> and we found that the pentagon is saying it too. the defense advanced research projects agency, known as darpa, did its own analysis, and we obtained this internal memo that concludes there is: do you feel vindicated after all these years? >> i don't have any real need for vindication. i know what i've seen. >> that was a pretty big smile on your face, though. >> it is good. it's not bad. certainly, it's good. >> the pentagon is funding more experiments at the naval research lab in washington, d.c., and at mckubre's lab in california. we wondered what richard garwin would think of the defense department's appraisal. "the experiments leave no doubt that anomalous excess heat is produced." >> well, that's a statement. >> you just don't buy that. >> well, i am living proof that there's doubt. now, they can say that excess heat is being produced, but they can't say there's no doubt. all they can say is, they don't doubt, but i doubt. >> if you asked me, "is this gonna have any impact on our energy policy?" it's impossible to say, becaus
. >> and we found that the pentagon is saying it too. the defense advanced research projects agency, known as darpa, did its own analysis, and we obtained this internal memo that concludes there is: do you feel vindicated after all these years? >> i don't have any real need for vindication. i know what i've seen. >> that was a pretty big smile on your face, though. >> it is good. it's not bad. certainly, it's good. >> the pentagon is funding more experiments at the...
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Feb 8, 2013
02/13
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the pentagon and d.o.d. has grown by more than 100,000 civilians in the last decade. we can pare those back now that we're coming out of a period of war. >> i thought your civilian argument was great. we've been through these wars and you're saying you can take it right back down without losing any national security. >> i think if you're careful in how do you it, you can reshape the force and come out in a leaner and more agile organization. >> what about another civilian, maybe it's not civilian, you talk about reducing the cost of military health care. and i guess that includes things like co-pay. we have this problem throughout the government, michelle. should it be done, can it be done in d.o.d.? >> i think it can be. d.o.d. health care growing faster than civilian health care and other government health care programs. i think with more effective management you could end up taking cost out without reducing the quality of care. we obviously want to be fair about this but we are on an unsustainable trajectory and this is a really important benefit to make sure that
the pentagon and d.o.d. has grown by more than 100,000 civilians in the last decade. we can pare those back now that we're coming out of a period of war. >> i thought your civilian argument was great. we've been through these wars and you're saying you can take it right back down without losing any national security. >> i think if you're careful in how do you it, you can reshape the force and come out in a leaner and more agile organization. >> what about another civilian,...
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Feb 25, 2013
02/13
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keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having closed near that since the 24th of january. we close at 176 which means we are up 11 basis point on the year and maybe the most important issue is we can now somewhat get an idea of what the reasoning for higher rate has been. it's been so of the issues of funding in europe. we've isolated it. now if this is a reverend up um on the euro and i know i'm way too early jumping the gun on that. when it is hard to get something from the treasury market, today is a day of a bit of enlightenment. >> rick santelli, grazzi. see you again sometime here. >>> mark set struggling to find their groove right now. but while a nice
keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having...
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Feb 9, 2013
02/13
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and they sure as heck didn't like his testimony on what he knows and doesn't know about the pentagon because he didn't know much. why are the democrats going to lay down for this? >> if i were the democrats and i'm looking at a republican whose foreign policy views are very popular with the likes of pat buchanan, might have some second thoughts about that. nice a guy as pat is, his foreign policy view ace little bit crazy. chuck hagel obviously holds some views, has empathies that are out of the mainstream of the republicans and democrats. we have two parts that agree on a very aggressive interventionist policy. >> besides president obama, i admit the president usually gets his own. i don't see anybody laying down for this guy. and i read today, okay, i read pretty your stuff. i read it from a lot of stuff. he is refusing to disclose his financials. particularly his foreign financials. i don't know how you get through under those circumstances. >> the democrats will support him. the more important issue for them is barack obama. barack obama is still the number one issue in politics
and they sure as heck didn't like his testimony on what he knows and doesn't know about the pentagon because he didn't know much. why are the democrats going to lay down for this? >> if i were the democrats and i'm looking at a republican whose foreign policy views are very popular with the likes of pat buchanan, might have some second thoughts about that. nice a guy as pat is, his foreign policy view ace little bit crazy. chuck hagel obviously holds some views, has empathies that are out...
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Feb 26, 2013
02/13
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he's a civilian analyst at the pentagon with one of the nation's highest security clearances. his companion is tai shen kuo, a spy for the people's republic of china. bergersen knew a secret that the chinese desperately wanted to know, and neither man knows that what they're about to do is being recorded by two cameras the fbi has concealed in their car. >> let you have the money. >> oh, oh. are you sure that that's okay? >> yeah, it's fine. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we turn our attention to some foreign intrigue. first, a story about a mysterious computer virus that struck an iranian nuclear plant. later, the report of how american agents hunted a notorious arms dealer. and finally, an account of a chinese-american spy trying to steal u.s. military secrets for china. we begin with the story of stuxnet, a computer virus considered to be the world's first destructive cyberweapon. it was launched several years ago against an iranian nuclear facility, almost certainly with some u.s. involvement. but as steve kroft reported in march of 2012,
he's a civilian analyst at the pentagon with one of the nation's highest security clearances. his companion is tai shen kuo, a spy for the people's republic of china. bergersen knew a secret that the chinese desperately wanted to know, and neither man knows that what they're about to do is being recorded by two cameras the fbi has concealed in their car. >> let you have the money. >> oh, oh. are you sure that that's okay? >> yeah, it's fine. >> welcome to 60 minutes on...
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Feb 23, 2013
02/13
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a lot of people think that the whole pension and health care benefit system in the pentagon needs to be overhauled and that these are where major savings are and that's where we should aim for, that the pentagon cannot be immune from this exercise. >> i wouldn't disagree at all. i think you can debate what kind of military defense strategy you wish, what kind of forces you plan on having, their technology, their training levels, all that should be on the table. but you've got to do it in a rational way. you've got to act like it's a business. the whole notion of cutting billions of dollars out of the defense budget, i just read one of the pundits announcing you can cut the defense budget by 2/3 and it wouldn't affect national security. and that all of this is political theater. it's anything but political theater. you know, dr. ash carter, the deputy's a very rational, bright fellow. very experienced. the chiefs of the services just testified under oath. they said this is going to be a big problem. and i think it is. >> and i agree with the general. because again, as i said, i'm not
a lot of people think that the whole pension and health care benefit system in the pentagon needs to be overhauled and that these are where major savings are and that's where we should aim for, that the pentagon cannot be immune from this exercise. >> i wouldn't disagree at all. i think you can debate what kind of military defense strategy you wish, what kind of forces you plan on having, their technology, their training levels, all that should be on the table. but you've got to do it in...
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Feb 5, 2013
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the pentagon chael challenge for a s&l that it's a really great wonderful product that's changed the world but ipad, it growth is not enough to make up for the slowing saturation of the smartphone market that -- that is happening because the iphone is being adopted and the rich people already have these things. you know, the ipad is a great product, but it's been so great, it hasn't been able to sort of do what the iphone has done. the iphone is a once in a lifetime product that was wonderful for apple's profit margins and we're just not going to see the likes of it again any time soon. >> not to pile on, colleen. you have to admit buzz is not there for apple and when you look at the stock price, it's down sharply from those highs last september when ironically they had just introduced the new iphone, so, you know -- it's a nice ipad, but where's the buzz for apple these days, colleen? >> listen, i agree, apple need to do a lot more to get this stock back, but the buzz isn't there because this is an enterprise story. this is a business story. businesses, enterprises, people buying bi
the pentagon chael challenge for a s&l that it's a really great wonderful product that's changed the world but ipad, it growth is not enough to make up for the slowing saturation of the smartphone market that -- that is happening because the iphone is being adopted and the rich people already have these things. you know, the ipad is a great product, but it's been so great, it hasn't been able to sort of do what the iphone has done. the iphone is a once in a lifetime product that was...
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Feb 28, 2013
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today we do have news from lockheed martin, the pentagon's biggest contractor suggesting that actually sales this year will drop by more if the automatic spending cuts kick in and future years will also be materially affected. what is your view on the sector? >> well, right now, there's just a lot of fear but there has been for some time. so there might be a certain degree of recovery, realizing that it is bad but not the apocolypse that some people have painted it as and there is a good chance that some damage might be undone in that interim period. so while we don't like living in uncertainty and while there will be paying under almost any scenario, it certainly doesn't mean the end. there are definitely positives for this industry in the sector. >> which is the greatest threats. automatic spending can cuts or the fact that you have a president who is in his second term and therefore perhaps more able to cut spending programs that might hit particular cities or regions and a new defense secretary. >> you know, it is interesting. of course a lot of that is simply by events. obama didn
today we do have news from lockheed martin, the pentagon's biggest contractor suggesting that actually sales this year will drop by more if the automatic spending cuts kick in and future years will also be materially affected. what is your view on the sector? >> well, right now, there's just a lot of fear but there has been for some time. so there might be a certain degree of recovery, realizing that it is bad but not the apocolypse that some people have painted it as and there is a good...
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Feb 25, 2013
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in less than a decade, the pentagon's warning that it might be possible for a computer hacker to disable critical infrastructure in a major city and disrupt essential services has actually happened. other online attacks have seen millions of dollars stolen from banks and defense systems infiltrated. it's why, as we first reported in november of 2009, some people are already saying that the next big war is less likely to begin with a bang than a blackout. >> can you imagine your life without electric power? >> until february 2009, retired admiral mike mcconnell was the nation's top spy. as chief of national intelligence, he oversaw the central intelligence agency, the defense intelligence agency and the national security agency. few people know as much about cyber warfare, and our dependency on the power grid, and the computer networks that deliver our oil and gas, pump and purify our water, keep track of our money, and operate our transportation systems. >> if i were an attacker and i wanted to do strategic damage to the united states, i would either take the cold of winter or the heat o
in less than a decade, the pentagon's warning that it might be possible for a computer hacker to disable critical infrastructure in a major city and disrupt essential services has actually happened. other online attacks have seen millions of dollars stolen from banks and defense systems infiltrated. it's why, as we first reported in november of 2009, some people are already saying that the next big war is less likely to begin with a bang than a blackout. >> can you imagine your life...
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Feb 22, 2013
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karl rove recommended that today in the "wall street journal." >> pentagon is 20% of our federal budget. if you're going to make cuts in spending that's not entitlements you have to -- >> ding, ding, ding, that's not entitlements. can we make entitlement cuts? >> sequestration doesn't deal with it. >> the president will never do entitlement cuts. >> here's the reality. we saw the gdp growth numbers decline in the last quarter of 2012 because of the contraction in federal government spending. >> that's primarily in the military. >> the private-sector economy has grown 5%. they weathered these cuts. >> ed rogers i want to go back to one fundamental point regarding my sermon on the mound. i really believe that any time you can cut spending and limit government that is good for the economy. that is why fundamentally apart from the numbers and getting in the weed for all these debates i think that this is a pro growth move and that's the reason why i want the republicans to hang tough. i think any time you can limit government, and i'll give credit to clinton and gingrich and reagan and harr
karl rove recommended that today in the "wall street journal." >> pentagon is 20% of our federal budget. if you're going to make cuts in spending that's not entitlements you have to -- >> ding, ding, ding, that's not entitlements. can we make entitlement cuts? >> sequestration doesn't deal with it. >> the president will never do entitlement cuts. >> here's the reality. we saw the gdp growth numbers decline in the last quarter of 2012 because of the...
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Feb 27, 2013
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. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see yesterday -- remember we had -- there was a big debate about the test drive of the tesla in "the new york times." >> yeah. uh-huh. >> and phil lebeau -- >> went well. then edmonds did one yesterday. >> how did that go? >> not so well. the whole interior screen that sort of is the hub of the whole car, it stopped working. >> i don't understand this debate anyway. if you want to go a long trip like that, wouldn't you take a different car? rent a car or -- >> yeah. phil made the point. this is what you do -- >> andrew made the point, too. >> if you feel green and you want to, you know -- >> you want to tool
. >>> the pentagon chief for the f-35 warplane is slamming his partner lockheed martin. he's accusing them of trying to squeeze every nickel out of the u.s. government faults them for seeing the long-term benefits of the project. >>> and tesla ceo eland musk vowing to pay back an energy deficit loan in half the time required by the government. the company receives a doe loan in 2010 and made the first payment of nearly $13 million in december. >> by the way, did you see...
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Feb 7, 2013
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think one thing that would be very helpful would be if they would simply pass a law that allowed the pentagon to allocate the cuts in their best judgment rather than forcing certain cuts on them. that would be one helpful thing, but i think the bargaining power almost requires that we allow it to happen before -- before anybody is going to get serious about their negotiation. i agree. it's a terrible idea, but it's maybe a bad idea whose time has come. >> laura you say it's not next to happen. >> right. >> you say there's no debt crisis. how would you describe the 16 trillion debt. >> so what i would say, look, there were estimates out there at the beginning of the year we needed about $4 trillion to stabilize the debt-to-gdp ratio. we're about 60% of the way there. we do need additional revenue increases or spending cuts over the next decade, but let me emphasize. over the next decade. not at a moment in time when the economy has 7.9% unemployment and is operating under its capacity to the tune of maybe six percentage points below capacity. this is a terrible time to do what needs to be done
think one thing that would be very helpful would be if they would simply pass a law that allowed the pentagon to allocate the cuts in their best judgment rather than forcing certain cuts on them. that would be one helpful thing, but i think the bargaining power almost requires that we allow it to happen before -- before anybody is going to get serious about their negotiation. i agree. it's a terrible idea, but it's maybe a bad idea whose time has come. >> laura you say it's not next to...
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Feb 1, 2013
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totally downsize the pentagon. and really ambiguity on israel, too. is that possible that's why he was picked? >> well, actually, i think even more revealing when he said it doesn't matter what i think, i'm not in a policy role. in other words, obama has chosen a stooge who has no independent thoughts, who is not going to be in the way, who is simply going to be there as a plug so that he can continue to slash the pentagon budget. this was a five-car pile-up, larry. this was a fiasco, a debacle, whatever you want to call it. what happened in the hearing today is this shifted from an issue of ideology to an issue of competence. would we be willing to trust this man if he went in to go talk to the russians, if he went in to the middle east. i don't think anyone in good conscience looking at him can say he's prepared, he's sober, he has a grasp of these issues. it was an embarrassing performance. the worst in my lifetime, larry, and i'm not alone. a lot of mainstream reporters saying this was really bad. >> aw shucks, jennifer, i can think of many in you
totally downsize the pentagon. and really ambiguity on israel, too. is that possible that's why he was picked? >> well, actually, i think even more revealing when he said it doesn't matter what i think, i'm not in a policy role. in other words, obama has chosen a stooge who has no independent thoughts, who is not going to be in the way, who is simply going to be there as a plug so that he can continue to slash the pentagon budget. this was a five-car pile-up, larry. this was a fiasco, a...
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Feb 16, 2013
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. >> and even if, larry, you get rid of all the waste and abuse that they say is in the pentagon, you're still not going to make a dent in the spending that we need to to bring our budgets back under control. the fact of the matter is president obama not only suggested but he insisted that this sequester become law. you now have democrats running away -- >> it was his idea. and we just clarified that. it was his idea in the first place. why is he trying to worm out of his idea? >> not only the president but the entire democratic party has this righteous indignation over sequester when in fact they were the ones pushing it in the first place. the house has twice passed bills that would bring reasonable spending cuts into law. the senate thus far, we have seen a complete vacuum of leadership. it's time, frankly, for everyone to come to the table and have a reasonable discussion about what meaningful spending cuts would actually take to pass into law. >> catherine, i just want to get your quick take as the libertarian in the group. we've got a little something for everybody here tonight. be
. >> and even if, larry, you get rid of all the waste and abuse that they say is in the pentagon, you're still not going to make a dent in the spending that we need to to bring our budgets back under control. the fact of the matter is president obama not only suggested but he insisted that this sequester become law. you now have democrats running away -- >> it was his idea. and we just clarified that. it was his idea in the first place. why is he trying to worm out of his idea?...
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Feb 7, 2013
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pentagon warns of huge cuts. when you think about what's going on in washington, right now, and you think about the sequester that may or may not happen, and you think about your history in washington, do you think that we will have the sequester? >> andrew, i don't know. i think it's a very complicated situation. i think we had a great opportunity and i actually thought there was some reasonable chance it might happen, which was to have a grand bargain that could have addressed what is really unsustainable and deeply dangerous long-term fiscal situation and i think if we had done that, not only would be useful for the long run but i think could have generated confidence in the shorter run and promote jobs now. now instead of that we have a happen has 5rd process. a sequester we're facing. it's a terrible piece of legislation. it arbitrarily cuts defense and nondefense without thoughtfully doing so. instead of being phased in so we'd have more room for recovery, it hits abruptly. and it's far, far from clear that
pentagon warns of huge cuts. when you think about what's going on in washington, right now, and you think about the sequester that may or may not happen, and you think about your history in washington, do you think that we will have the sequester? >> andrew, i don't know. i think it's a very complicated situation. i think we had a great opportunity and i actually thought there was some reasonable chance it might happen, which was to have a grand bargain that could have addressed what is...
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Feb 6, 2013
02/13
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the pentagon says both sides ought to avoid any acts that might spark conflict. >>> meanwhile, china is promising to make sweeping tax reforms to narrow the rich/poor suicide. plans approved by china -- divide. plans approved by china says the rich might pay more. in companies, taxes could rise 20% by 2015. there's talk of giving savers a better return. it's for tilting toward more consumption than investment spending. >>> an expected pickup in china is giving a reason to be more optimistic after a challenging 2012. the company said the net loss widened to nearly $4 billion in the fourth quarter last year. but the biggest steelmaker by volume expects profits to pick up amidst improving conditions. in china alone the company sees the steel market growing 3%. and the stock up 2% as a result. >>> and syngenta trades are lower today. the company reported full-year net profit of $1.8 billion. that was ahead of a reuters forecast. it expects another record sales year citing strong commodity prices. so what a disappointment. carolyn roth is in zurich. is this a question of you meeting expec
the pentagon says both sides ought to avoid any acts that might spark conflict. >>> meanwhile, china is promising to make sweeping tax reforms to narrow the rich/poor suicide. plans approved by china -- divide. plans approved by china says the rich might pay more. in companies, taxes could rise 20% by 2015. there's talk of giving savers a better return. it's for tilting toward more consumption than investment spending. >>> an expected pickup in china is giving a reason to be...
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Feb 21, 2013
02/13
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on the same day, the pentagon outlined plan toes furlough some 800,000 civilian workers to save money. these interviews are part of the white house strategy to blame potential job losses on the gop. >> instead of us cutting education, instead of us cutting the mental health programs, instead of us affecting military readiness and a whole range of other things that are important to our security and prosperity, we should be focused on programs that we know don't work, waste in government, and some of these tax loopholes that we could close that frankly benefit the well off and well connected. >> now, congress isn't in session this week. it isn't expected to reach a deal by the march 1st deadline to prevent the sequester. so, ideal, the physical mini cliff continues. >>> david einhorn is taking his case against apple directly to the company's shareholders. he's seeking an injunction to get rid of a system to issue pressed stock. einhorn will hold a conference call with investors today, an interesting move and one that's seeing apple shares outperform this morning. they are one of the rar
on the same day, the pentagon outlined plan toes furlough some 800,000 civilian workers to save money. these interviews are part of the white house strategy to blame potential job losses on the gop. >> instead of us cutting education, instead of us cutting the mental health programs, instead of us affecting military readiness and a whole range of other things that are important to our security and prosperity, we should be focused on programs that we know don't work, waste in government,...
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Feb 25, 2013
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. >>> and the pentagon says the grounding of lockheed martin's jets last week won't deliver the aircraft. there was a crack on a turbine blade on a test plane. speaking from australia, the fa says that type of problem is unfortunate but normal during development and testing. lockheed stock down 1%. >>> as the number of global smartphone users has reached the 1 billion mark, there have been a number using their mobile to make purchases. that's the subject for kelly in barcelona at the world mobile congress. do you have to use your spanish down there or you're okay, kelly? >> si, senior. i've been using a lot of spanish here, ross. right now, i'm joined by ed mcglaughlin from mastercard. ed, i haven't been speaking spanish with you necessarily. >> no. >> but we have been talking about the language of payments. and it does seem as though we're moving from, as you've said, a cash list to a credit card list society. what exactly is mastercard doing here? >> well, what we're announcing today is what we call master pass. everything starts becoming digital, it's device based, master pass is basi
. >>> and the pentagon says the grounding of lockheed martin's jets last week won't deliver the aircraft. there was a crack on a turbine blade on a test plane. speaking from australia, the fa says that type of problem is unfortunate but normal during development and testing. lockheed stock down 1%. >>> as the number of global smartphone users has reached the 1 billion mark, there have been a number using their mobile to make purchases. that's the subject for kelly in barcelona...
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Feb 26, 2013
02/13
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i don't think taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before anyone has laid out any kind of vision of how that $85 billion a year could be cut, that it must be possible and that everything else has to be ruled out seems to me to be a extraordinarily irresponsible approach. of course there are instances of waste in the federal government. there are also instances of huge unmet needs of diseases where we could find cures that save tens of thousands of people's lives in the next several years. but we're cutting the budget instead and denying ourselves the chances to find those cures. of infrastructure investments where we're risking more bridges collapsing and
i don't think taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before...
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Feb 23, 2013
02/13
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these are the fundamental questions the pentagon is trying to cope with. for now, the obama administration has a new spiesh poli -- new cyberpolicy where they're trying to classify more information about the threat with u.s. business and industry so that the u.s. infrastructure has a better idea of what's going on. >> this mandate report doesn't just come out of the ether. we have had years -- barbara, you've been covering it, chris, you, too. years of reports of chinese lasers blinding satellites that are orbiting could essentially shut down the american financial system. right? we've had all kinds of reports of espionage for fighter jets, to keep nuclear subs quiet. things that will matter to our children, our economic security. it is not an exaggeration at all. chris, how concert sudden this effort, this -- concerted is this effort, this industrial complex in china to get as much control as they can over the american system? >> it's a pervasive problem. i think it's important to recognize that while there have been these allegations of chinese probing o
these are the fundamental questions the pentagon is trying to cope with. for now, the obama administration has a new spiesh poli -- new cyberpolicy where they're trying to classify more information about the threat with u.s. business and industry so that the u.s. infrastructure has a better idea of what's going on. >> this mandate report doesn't just come out of the ether. we have had years -- barbara, you've been covering it, chris, you, too. years of reports of chinese lasers blinding...
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Feb 18, 2013
02/13
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we begin tonight with what's happening at the pentagon. >> i'm barbara starr at the pentagon. defense secretary leon panetta was to be home in california in retirement, but now that congress will not deal with the chuck hagel nomination for another ten days, panetta still is on the job. he will travel to brussels for a nato summit to talk about afghanistan and other security issues. when the summit is over on friday, the big question, does he come back to the pentagon or does he try once again to go home to california? >> i'm poppy harlow in new york and while the markets are closed monday for the presidents' day holiday, but when they reopen tuesday, we will get key earnings and economic reports. the latest existing home sales numbers will come out wednesday that will help us see if the housing recovery is continuing because existing home sales account for about 90% of the overall housing market. on the earnings front, we will hear from walmart and marriott and all eyes will be on dell as the computermaker reports its quarterly numbers. founder michael dell has made a $24 bil
we begin tonight with what's happening at the pentagon. >> i'm barbara starr at the pentagon. defense secretary leon panetta was to be home in california in retirement, but now that congress will not deal with the chuck hagel nomination for another ten days, panetta still is on the job. he will travel to brussels for a nato summit to talk about afghanistan and other security issues. when the summit is over on friday, the big question, does he come back to the pentagon or does he try once...
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Feb 26, 2013
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now he's changed his tune and said not so much, actually the budget in the pentagon is still going to go up. do republicans risk not being seen as credible? >> i think everybody risks not being seen as credible. this more than many of the crises that we've seen congress and the white house deal with. on that particular issue of republicans in defense, i find it fascinating. i spoke with senator cornyn as some of my colleagues up here about that. and what he was saying is that he was trying to try out his message on us about the fact that republicans should in fact not be saying that the sky's going to fall with regard to defense, it has historically been the most important thing when it comes to budget for the republicans because even if these forced cults go into effect, overall defense spending will go up. there's a split among republicans. if you ask john mccain that, he'll say do not touch defense spending, you to do away with forced cuts. there definitely is what this is exposing is a real tug-of-war within the gop over one of the main goals which is getting rid of the deficit an
now he's changed his tune and said not so much, actually the budget in the pentagon is still going to go up. do republicans risk not being seen as credible? >> i think everybody risks not being seen as credible. this more than many of the crises that we've seen congress and the white house deal with. on that particular issue of republicans in defense, i find it fascinating. i spoke with senator cornyn as some of my colleagues up here about that. and what he was saying is that he was...
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Feb 15, 2013
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chris lawrence at the pentagon for us. thanks, chris. >>> if you already hate airport security lines, a bitter standoff in congress could make you wait much longer. l changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you take care of your car your car will take care of you. >>> if you thought the fiscal cliff was the end of washington's manufactured crises, guess again. just two weeks from now, more than $1 trillion in automatic spending cuts are scheduled to kick in. folks here in washington have a big, cumbersome word for it. it's the sequester. and if it happens, folks on both sides say it's goi
chris lawrence at the pentagon for us. thanks, chris. >>> if you already hate airport security lines, a bitter standoff in congress could make you wait much longer. l changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from....
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Feb 23, 2013
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he says the pentagon refuses to admit this thing is a failure. the pentagon says it's too early to assess the overall impact. >>> a law that would require gun owners to get liability insurance is gaining traction in several states. yesterday, connecticut governor dan malloy asked his sandy hook advisory council look into whether owners of firearms should be required to carry additional insurance. some believe this law would hamper second amendment rights, others believe it would prevent tragedies like sandy hook shootings. there are holes in the legislative language that could make it hard to decide exactly how much people should be charged and whether or not it would have that impact. >>> a major development tonight that could halt the effort to bring peace to syria. that country's key opposition group has said that it's boycotting an important meeting in rome with the u.s. and other world powers. the goal to find a way to end the crisis in syria. a senior u.s. officials tells cnn the group had not notified the united states of its decision. for
he says the pentagon refuses to admit this thing is a failure. the pentagon says it's too early to assess the overall impact. >>> a law that would require gun owners to get liability insurance is gaining traction in several states. yesterday, connecticut governor dan malloy asked his sandy hook advisory council look into whether owners of firearms should be required to carry additional insurance. some believe this law would hamper second amendment rights, others believe it would...
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but not necessarily running the pentagon from right here. he went back to his california home over the weekend. he will travel this week to brussels for a nato summit. hagel was supposed to go to that summit. and then the big question is, after that, somewhere in the saturday, sunday, monday time frame, will leon panetta just go back to california, continue to do the job from there? will he have to come back to washington? tuesday's the big day, wolf, that's when we may find out hagel's fate. >> as far as hagel is concerned, how much grumbling, if any, do you hear over there at the pentagon, that he's becoming such a political, i guess, cause, democrats supporting him, republicans opposing him, that if in fact he is confirmed, he probably will be, but if he's confirmed, he won't be an effective representative for the pentagon in dealing with congress? because you really do need bipartisan support. >> reporter: well, this is going to be a very delicate political issue. as you know, wolf, the pentagon like, to say it doesn't get involved in po
but not necessarily running the pentagon from right here. he went back to his california home over the weekend. he will travel this week to brussels for a nato summit. hagel was supposed to go to that summit. and then the big question is, after that, somewhere in the saturday, sunday, monday time frame, will leon panetta just go back to california, continue to do the job from there? will he have to come back to washington? tuesday's the big day, wolf, that's when we may find out hagel's fate....
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holding solid, there's not a dissenting voice among democrats about chuck hagel's corn firmation as pentagon chief. what could republicans do? they could filibuster, i hear no signals that that's going to happen. i do not think that opposing the president's choice for a cabinet position is something that republicans want to fight with a filibuster. that's heavy artillery, i'm not sure they want to do, but they will voice their displeasure on the floor. most observers watching this think you're likely to see chuck hagel as the next defense secretary. >> if panetta doesn't serve up the red meat republicans want, could that hold up hagel's confirmation? >> he was out of office during benghazi, what did hold it up, there were republicans who said, until we get the current defense secretary who was around during bengha benghazi, down here in front of these committees, we're not going to confirm chuck hagel. >> what does this mean for the push for gun control measures? >> i think what we can say, watching the president from the time of the new town connecticut shootings, he promised to use the bul
holding solid, there's not a dissenting voice among democrats about chuck hagel's corn firmation as pentagon chief. what could republicans do? they could filibuster, i hear no signals that that's going to happen. i do not think that opposing the president's choice for a cabinet position is something that republicans want to fight with a filibuster. that's heavy artillery, i'm not sure they want to do, but they will voice their displeasure on the floor. most observers watching this think you're...
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more on that in a moment, but first, chris lawrence at the pentagon. chris, the turkish government says it does have a bit more sense of who the attacker was, what are they saying? >> reporter: erin, they think it is a man named etchvech shamly. they say he trained in europe on how to make bombs and has attacked before. the group is a throwback to the cold war, a far left revolutionary group that wants to overthrow turkey's government and establish some sort of communist state. >> and why would they target the u.s. embassy? >> reporter: they are anti-capitalists and they're very, very opposed to the u.s. and nato. analysts say probably two reasons for this attack. one is to embarrass the turkish government. two is to protest the presence of u.s. patriot missiles on turkish soil. right now, 400 american troops are in turkey and they are moving that patriot missile battery into position on turkey's border with syria. turkey requested that help because of the mortars flying in from syria and they wanted the american missile to help shoot it down. >> and c
more on that in a moment, but first, chris lawrence at the pentagon. chris, the turkish government says it does have a bit more sense of who the attacker was, what are they saying? >> reporter: erin, they think it is a man named etchvech shamly. they say he trained in europe on how to make bombs and has attacked before. the group is a throwback to the cold war, a far left revolutionary group that wants to overthrow turkey's government and establish some sort of communist state. >>...
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barbara starr at the pentagon. dana, i understand 15 republicans voting with the democrats to move forward on the official vote for hagel as defense secretary. how did it break down? what do we know? >> reporter: after all of the division, all of the debate, all of the delay, this was a pretty bipartisan vote to stop this filibuster and to allow the haguele nomination to go through. 71-27. that's right. 71-27. it wasn't even close to move this along. and we believe actually maybe more towards 18 republicans. we're trying to get the final breakdown. we can report that the final confirmation vote will happen in about two hours plus, 4:30 eastern. three hours, i should say. by the end of the day, chuck hagel, according to the vote, will be officially confirmed by the senate as the next defense secretary, after a lot of partisan division and pretty ugly back and forth about him and about his positions and it's gotten personal. >> and i want to bring in barbara starr at the pentagon. obviously there are some things he's
barbara starr at the pentagon. dana, i understand 15 republicans voting with the democrats to move forward on the official vote for hagel as defense secretary. how did it break down? what do we know? >> reporter: after all of the division, all of the debate, all of the delay, this was a pretty bipartisan vote to stop this filibuster and to allow the haguele nomination to go through. 71-27. that's right. 71-27. it wasn't even close to move this along. and we believe actually maybe more...
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but the pentagon has to deal with congress, with republican lawmakers and won't this affect their relationship? >> of course not. this is always transaction. as it happens for the last 70 or 100 years. whatever of the things, hagel was a senator, he understands how the place works how he's got three people that can help him because the president doesn't like dealing with the senate very much. who can blame him now he's got joe biden, john kerry and chuck hagel all skilled with dealing with the senate and that will be helpful for him moving through. >> you know, carol, this is one of the reasons why it's so problematic for republicans. and rich is right that there have been some holds and some there be something like this in the past. but we're in a very different place right now. and the reasons that they are stating as to why they are against chuck hagel do not pass muster. >> right. >> the american people are sick of petty politics in washington. this is a president, he has said he's willing to meet the republicans halfway. we have yet to see the halfway that they're willing to meet this pre
but the pentagon has to deal with congress, with republican lawmakers and won't this affect their relationship? >> of course not. this is always transaction. as it happens for the last 70 or 100 years. whatever of the things, hagel was a senator, he understands how the place works how he's got three people that can help him because the president doesn't like dealing with the senate very much. who can blame him now he's got joe biden, john kerry and chuck hagel all skilled with dealing...
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, what are you hearing at the pentagon on this? >> right now soledad they're close mouthed about the entire situation. i have to tell you the intelligence community has been looking for some time at the very question of some of these affiliate groups said to be affiliated with al qaeda perhaps that are emerging in the region. i was just talking to some intelligence officials yesterday. what they are noticing, they say, is a number of groups throughout north africa, the middle east, this region including turkey, where they are sharing fighters, expertise, weapons, technology. this is sort of the post 9/11 era we're in now, where the small groups are rising up, they may often have their own priorities, their own targets for attack but becoming more and more dangerous because of their own ability to network and share the expertise. fighters are moving between the networks and it's causing a lot of concern. the number of al qaeda fighters rising in syria in the revolution there and moving throughout the region so i think it's safe to s
, what are you hearing at the pentagon on this? >> right now soledad they're close mouthed about the entire situation. i have to tell you the intelligence community has been looking for some time at the very question of some of these affiliate groups said to be affiliated with al qaeda perhaps that are emerging in the region. i was just talking to some intelligence officials yesterday. what they are noticing, they say, is a number of groups throughout north africa, the middle east, this...
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defense related jobs could vanish by the tens of thousands due to severe cuts to the pentagon. you see just four states there including georgia and virginia which could lose more than 100,000 jobs each over the next ten years. cuts in grants to the states could lead to big reductions in food aid to the poor, low income energy assistance, child care and development and other social services as well. and really this is only the start. again, ten days left at this point. >>> now, we want to bring you some of the hottest stories of the day in a flash. we're keeping an eye on the jodi areas trial. she admits to the gruesome killing of travis alexander. late this morning her attorney began to lead arias through the weeks before the brutal killing. arias read an angry text from travis about a drawing that he had done which she left behind. >> imagine if i did that to you with something you gave me. give me a pardon from any madness. i don't need it. it's wearing me out and if it continues, just like i have to give you motivation to tell me the truth, i'll give you motivation to quit s
defense related jobs could vanish by the tens of thousands due to severe cuts to the pentagon. you see just four states there including georgia and virginia which could lose more than 100,000 jobs each over the next ten years. cuts in grants to the states could lead to big reductions in food aid to the poor, low income energy assistance, child care and development and other social services as well. and really this is only the start. again, ten days left at this point. >>> now, we want...
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tom vandenbrook is "usa today's" pentagon reporter. he wrote the article. welcome. >> good morning, carol. >> thanks so much for enlightening us on this issue. this program sends americans to iraq and afghanistan to win hearts and minds. tell us about sexual harassment, racism. outline these problems for us. >> these come in an army investigative report that we were -- we obtained through a freedom of information act request. the harassment seemed pretty gross. it was a contractor at the training base making really untoward comments toward the women. eventually, he was fired. that was documented. as well as racism. there was a white soldier who was referring to a section of the program and saying it was a ghetto because it had black people in it. that soldier was disciplined. >> yet some of the members of this group, with all the problems, were making more money than the secretary of defense? >> that's the most disturbing problem. it regards time sheet padding, and it was encouraged, apparently, according to the documents we found. these people were saying
tom vandenbrook is "usa today's" pentagon reporter. he wrote the article. welcome. >> good morning, carol. >> thanks so much for enlightening us on this issue. this program sends americans to iraq and afghanistan to win hearts and minds. tell us about sexual harassment, racism. outline these problems for us. >> these come in an army investigative report that we were -- we obtained through a freedom of information act request. the harassment seemed pretty gross. it...
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our pentagon correspondent barbara starr joins me by phone. barbara, you've been dicking into this. what more do you know? >> this sad story emerged late last night, randi. the pentagon is trying to assemble what they can at this point about the service record of chris kyle and the man taken into custody, 25 years old. he was caught by police in texas after a brief pursuit, has been arraigned on two counts of capital murder. another man was shot along with chris kyle at this shooting range. the initial reports are that the men had gathered there and they were helping this former marine learn to shoot again. chris kyle had been very involved in helping veterans with posttraumatic stress. so there is a belief that the marine -- the suspect may have been involved with posttraumatic stress. i have to tell you, i think all of that still remains under investigation as to exactly what transpired. throughout the navy s.e.a.l. community, special operations forces, really, they are remembering a man who in their mind, their world truly was a legend for what he militarily accomplished during t
our pentagon correspondent barbara starr joins me by phone. barbara, you've been dicking into this. what more do you know? >> this sad story emerged late last night, randi. the pentagon is trying to assemble what they can at this point about the service record of chris kyle and the man taken into custody, 25 years old. he was caught by police in texas after a brief pursuit, has been arraigned on two counts of capital murder. another man was shot along with chris kyle at this shooting...
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we need to have a strong figure coordinating the pentagon. and the tactics that you see mccain and the republicans engaging in clearly undermine the next secretary of defense who they all acknowledge is going to be chuck hagel. the other issue, don, is politics in the context of political preservation. lindsey graham is posturing himself because he's afraid of a tea party challenge for renomination to the senate. john cornyn is afraid of being out-conservatived by his junior senator in texas. >> let's talk about the state of the union. the president covered a lot of ground from minimum wage to pre-kindergarten. any angle you think he overlooked? >> every state of the union and this one is no exception comes across as a laundry list or a campaign speech. what made this one significant and made it stand out in my mind was i think it was the strongest explanation of why family values -- why the government can help with family values and help rebuild our economy. the president's talk about preschool education, which is only available for only thr
we need to have a strong figure coordinating the pentagon. and the tactics that you see mccain and the republicans engaging in clearly undermine the next secretary of defense who they all acknowledge is going to be chuck hagel. the other issue, don, is politics in the context of political preservation. lindsey graham is posturing himself because he's afraid of a tea party challenge for renomination to the senate. john cornyn is afraid of being out-conservatived by his junior senator in texas....
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do you think chuck hagel can run the pentagon? >> my inclination has been to give the president the prerogative of deciding who's in his cabinet. i voted for john kerry although i don't agree with much he represents as far as a u.s. senator, but i think he's an honest person and i think the president has the right to decide. with regard to hagel, my first inclination was to give him the benefit of the doubt. i'm for auditing the pentagon. i think there is waste to be found. he's a soldier. served honor bly. i'm starting to have doubts and they are that if you going to run department of defense, you need to reveal if you've had financing from foreign groups. there's rumors about foreign groups that may have provided financing and i think he needs to reveal that. i am saying yes, i need more information before making a final decision. >> all right, but do you think john mccain is right to filibuster given your point, that you may not like who the president picks, but it is his prerogative whom he chooses to be in his cabinet. >> i t
do you think chuck hagel can run the pentagon? >> my inclination has been to give the president the prerogative of deciding who's in his cabinet. i voted for john kerry although i don't agree with much he represents as far as a u.s. senator, but i think he's an honest person and i think the president has the right to decide. with regard to hagel, my first inclination was to give him the benefit of the doubt. i'm for auditing the pentagon. i think there is waste to be found. he's a...
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our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are some 800,000 civilian workers are facing one day of furlough for the next 22 weeks. it is going to start hitting an awful lot of people right in the pocketbook. i want you to have a quick listen to one of the pentagon officials that explained some of the impact today. >> the effects of sequestration and the continuing resolution on our military personnel will be devastating. but on our civilians, it will be catastrophic. these critical members of our workforce, they work in our depots. they maintain and repair our tanks, our aircraft, our ships, they teach our kids. they care for
our pentagon correspondent barbara starr is standing by with more on that story. what are they saying? >> well, you know, fredricka, we've been hearing for weeks about this fancy word around washington called sequester. what are we really talking about? layoffs at the pentagon, cutbacks in military spending, but it is the layoffs that are going to start if this budget cut problem is not solved, if congress cannot avert mandatory spending cuts. what the pentagon did is notify congress, are...
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this is just outside the pentagon. he spoke about his challenges his replacement must face. >> you're going to have to continue to deal with rogue states like iran and north korea. we just saw what north korea has done in the last few weeks. a missile test and now a nuclear test. they represent a serious threat to the united states of america. we have got to be prepared to deal with that. >> deal with that, he says. panetta has been leading the pentagon for the last 18 months. but he's been in public service for the last five decades. >>> live this hour, big moment for chuck hagel, the man president obama would like to become the next secretary of defense. the senate armed forces committee holding a vote on hagel's nomination. and while it is likely he will be confirmed, several republicans, they're still putting up a fight. that happens this hour. >>> also, cereal and soda? pepsi introducing a new mountain dew drink for, dare i say, breakfast, calling it kick start. the company says it doesn't consider this an energy
this is just outside the pentagon. he spoke about his challenges his replacement must face. >> you're going to have to continue to deal with rogue states like iran and north korea. we just saw what north korea has done in the last few weeks. a missile test and now a nuclear test. they represent a serious threat to the united states of america. we have got to be prepared to deal with that. >> deal with that, he says. panetta has been leading the pentagon for the last 18 months. but...
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. >>> the pentagon ordered its entire fleet of f-35 fighter jets grounded. here's why. a crack was found in the engine of one of the planes during a routine inspection. at nearly $400 billion, this high-tech jet system, this is for all of them, the most expensive weapon system in military history. $400 billion buys you 51 planes in that fleet. >>> a homework assignment has many up in arms. listen to this. two teachers at a new york elementary school wrote math word problems on slavery. here's one of the questions -- in a slave ship, there are 3,799 slaves. one day the slaves took over the ship. 1,897 slaves were dead. how many slaves are left? we could have done this with apples. the department of education says they will take disciplinary action against those teachers. training will also be required for all staff at the school. >>> the justice department says it plans to sue lance armstrong for using performance-enhancing drugs. they will join in the suit filed two years ago by former teammate floyd landis. the civil lawsuit claims that armstrong and his teammates viol
. >>> the pentagon ordered its entire fleet of f-35 fighter jets grounded. here's why. a crack was found in the engine of one of the planes during a routine inspection. at nearly $400 billion, this high-tech jet system, this is for all of them, the most expensive weapon system in military history. $400 billion buys you 51 planes in that fleet. >>> a homework assignment has many up in arms. listen to this. two teachers at a new york elementary school wrote math word problems on...
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live at the pentagon. this test is wore i sor woresom. >> one of the biggest problems right now is whether or not north korea really has achieved a miniaturized bomb. they say they set off a smaller, more lethal explosive, if you will. miniaturization is key. that means they could possibly put a small war head on a missile sooner than expected and deliver it to a target. now the cia, pentagon, all has to look at this to determine what they set off and essentially now work backward. if it was a miniaturized bomb, what did it take north korea to get there? where did they get the technology, the engineering, the expertise, the money to do it? they will look at what it would have taken north korea to achieve what they say they achieved and try to figure out how they did it and who might have helped them. zoraida. >> has theyou say there. there has been a lot of skepticism in where this program is right now. >> the u.s. has been skeptical for years. in december, they successfully launched a long-range ballistic
live at the pentagon. this test is wore i sor woresom. >> one of the biggest problems right now is whether or not north korea really has achieved a miniaturized bomb. they say they set off a smaller, more lethal explosive, if you will. miniaturization is key. that means they could possibly put a small war head on a missile sooner than expected and deliver it to a target. now the cia, pentagon, all has to look at this to determine what they set off and essentially now work backward. if it...
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that the pentagon doesn't even want in the inventory anymore. and if that doesn't get fixed, you have to cut the pay, otherwise, another 10,000 troops might have to go. wolf. >> big, big story over there. we'll watch it together with you, barbara, thanks very much. lots at stake for the u.s. military. >>> the former pakistani president pervez musharraf sits down with me only a few weeks before returning back to pakistan where he's now a wanted man. many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>> i had a feeling of dread when i recently sat down with former pakistani president pervez musharraf here in washington. the conversation was eerily similar to one i had with former pakistani prime minister benazir buddo five years ago shortly before she was assassinated. the former pakistani president, once a close ally of the united states, now is a wanted man in his homeland. but he tells me he's ready to risk imprisonment and even his life
that the pentagon doesn't even want in the inventory anymore. and if that doesn't get fixed, you have to cut the pay, otherwise, another 10,000 troops might have to go. wolf. >> big, big story over there. we'll watch it together with you, barbara, thanks very much. lots at stake for the u.s. military. >>> the former pakistani president pervez musharraf sits down with me only a few weeks before returning back to pakistan where he's now a wanted man. many hot dogs are within you....
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you're going to go, now, and run the pentagon. and the question is how are the people inside the pentagon going to react to him. will there be a hangover from that. he's got a lot of work to do. you have those pending cuts at the defense department. you've got to wind down a war in afghanistan. and also you have to downsize the military. so the job is immense. and you have to have confidence inside the building to do it well. and so that's, you know, that's a question that does come out of this entire process. >> jack lew has been nominated by the president to be the next treasury secretary. all of a sudden, there's an issue involving the cayman islands that has come out. how significant, what's going on? >> there's a question of whether jack lew's had a cayman investment through citigroup that is not unlike the one that mitt romney had in his portfolio. look, jack lew has been confirmed twice before. this is not going to hold him up. but it does allow republicans to kind of say what's good for the goose is good for the gander. ok
you're going to go, now, and run the pentagon. and the question is how are the people inside the pentagon going to react to him. will there be a hangover from that. he's got a lot of work to do. you have those pending cuts at the defense department. you've got to wind down a war in afghanistan. and also you have to downsize the military. so the job is immense. and you have to have confidence inside the building to do it well. and so that's, you know, that's a question that does come out of this...
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the pentagon plans the buy nearly 2,500 planes. the entire program, $400 billion, and the most expensive in pentagon history. the trouble is that it's already years behind schedule because of technical problems and the price tag keeps going up. >> my department is committed to the development of the f-35. it's absolutely critical, absolutely critical that we get it right. >> reporter: now comes news of even more problems. the f-35s which are being tested at three bases are being grounded, because one jet developed a crack in its engine blade. critics say that the planes are actually relics desip designed fight the last year's cold war instead of this century's warfare where drones man the front lines. and of course, the timing could not be more sensitive for the plane's builder lockheed martin and the federal government. with washington talking about trimming the federal spending, that $400 million price tag might be a new target. >> will be indeed. thank you, barbara, for that. >>> parts of the northeast could get up to 18 inches
the pentagon plans the buy nearly 2,500 planes. the entire program, $400 billion, and the most expensive in pentagon history. the trouble is that it's already years behind schedule because of technical problems and the price tag keeps going up. >> my department is committed to the development of the f-35. it's absolutely critical, absolutely critical that we get it right. >> reporter: now comes news of even more problems. the f-35s which are being tested at three bases are being...